1257 Spring Valley Drive
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Property Highlights
Building Info
Overview
- Year Built: 1978
- Effective Year Built: 1978
- Building Count: 1
- Total Rooms: 8
- Bedroom Count: 4
- Bathroom Count: 3
- Full Bathrooms: 2
- Partial Bathrooms: 3
- Bathroom Plumbing Fixtures: 8
- Building Condition: 0
- Building Quality: 0
- Construction Type: 6
- Building Style: 0
- Exterior Walls Type: 0
- Interior Walls Type: 0
- Roof Shape Type: 0
- Roof Cover Type: 15
- Floor Count: 300
- Living Units: 1
- Floor Cover: 0
- Basement Type: 0
- Basement Area: 0
- Garage Type: 7
- Parking Space Count: 2
- Patio Type: 0
- Porch Type: 0
- Pool Type: 0
General
- Lot Size Square Feet: 10,019
- Total Building Area: 1,965
- Gross Building Area: 1,965
- Building Area: 1,965
- Building Area Measurement: L
Dimensions
- Fireplace Count: 1
- Air Conditioning: 1
- Heating: 3
- Heated Square Feet: 1,965
- Heating Fuel Type: 3
Heating and Cooling
- Sewer System: 0
- Water Service: 0
Utilities
Building
- Building Type: 0
- Property Class: R
- Subdivision: SPRING VALLEY UNIT 1
- Land Acres: 0000000230
- Standard Land Use Code: 1001
- County Land Use Code: R
- Legal Description 1: SPRING VALLEY UNIT 1 ALL BLK F
Neighborhood
- School District Name: School District U-46
- School Tax School District: DISTRICT 46
- Census Tract: 841325
Zoning
- Zoning: R
Geography
- Assessors Map Reference: 2967-B4
- Parcel: 01-23-407-004
- Block: F
- Lot: 2
- Municipality: WAYNE
- Latitude: 41.9365
- Longitude: -88.1653
- Full Address: 1257 Spring Valley Dr
- Legal Unit: 1
- Address - House Number: 1257
- Address - Street Name: Spring Valley
- Address - Suffix Type: Dr
- State: IL
- City Name: Carol Stream
- Carrier Code: C028
- 4-Digit Zip Code: 9058
- Zip Code: 60188
Address
Valuation
- Tax Year: 2022
- Tax Amount: $737,190
- Tax Rate Code Area: 1084
Tax
- Standard Deviation: 0.1544
- Valuation Date: Jan 10, 2024
- Confidence Score: 81
- Final Value: 366,651
- High Value: 423,275
- Low Value: 310,027
Appraisal Valuation
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Open Liens
- Market Total Value: $285,030
- Market Land Value: $86,220
- Market Improvement Value: $198,810
Market Valuation
- Assessed Year: 2022
- Assessed Total Value: $95,010
- Assessed Land Value: $28,740
- Assessed Improvements Value: $66,270
Assessments Valuation
- Homeowner Exemption: Yes
Exemptions
- Current Sale Contract Date: Jun 10, 2000
- Current Sale Recording Date: Jun 29, 2000
- Current Sale Price:
- Current Sale Document Type: 71
- Current Sale Input Document Number: R2000-099036
- Previous Sale Recording Date: May 05, 1997
- Previous Sale Contract Date: Mar 27, 1997
- Previous Sale Amount: $161,000
- Previous Sale Document Type: 71
Sales
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Last Sale Mortgage
- First Mortgage Financing Type: ADJ
Financing
1257 Spring Valley Drive
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Comparables
Status
Price/ft²
Listed On
Sold On
About Carol Stream
Stats & Trends
Median Asking:
$359,700Sale Price/ft²
$227Below Asking
0.01%Average Days on Market
42Average Home Size
1506 ft²Average Home Age
42.5 yearsCurrently For Sale
32 ListingsSimilar Homes for Sale
Currently no similar homes aroundNearby Rentals
Data Source: MRED, MLS# MRD12378604
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017